Ares Management (ARES) Reports In-Line Q2 EPS
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Ares Management, L.P. Reports Second Quarter 2018 Results
August 2, 2018 6:00 AM EDTLOS ANGELES--(BUSINESS WIRE)-- Ares Management, L.P. (NYSE: ARES) today reported its financial results for its second quarter ended June 30, 2018.
Our second quarter results demonstrate our continued strong growth with fee related earnings, realized income and assets under management all showing high teens or better growth on a year over year basis, said Michael Arougheti, Chief Executive Officer and President of Ares. With $12 billion of funds raised in the second quarter and $19 billion in the first half of 2018, we expect this to be our best year yet of fundraising as we... More
